Average Pharmacists Salary in Duluth, MN-WI
Pharmacists in Duluth, MN-WI earn an average annual salary of $135,060, a figure closely aligned with the national average of $136,140. This slight parity suggests that while local demand plays a role, broader industry standards and the specific needs of the healthcare sector in the Duluth region are significant drivers of compensation.
Executive Summary
- Average Salary: $135,060 per year.
- Growth Trend: Salaries have shifted 5.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,600.
- Outlook: The Duluth, MN-WI area supports a robust local workforce of 290 Pharmacists, indicating a stable employment base. With a Location Quotient of 1.09, the concentration of these professionals slightly exceeds the national average, suggesting a healthy demand and a potentially competitive, yet accessible, job market for skilled individuals.
Salary Overview
The average Pharmacists in Duluth, MN-WI earns-0.8%below the national average.
$64.9
$2,597
$11,255
Pharmacists Salary Trends (2020-2024)
While specific historical data for Duluth is not provided, it is reasonable to assume that Pharmacist salaries in the region have mirrored national trends over the past four years, experiencing steady growth. This upward trajectory is typically driven by increasing healthcare demands, advancements in pharmaceutical services, and the ongoing need for specialized clinical expertise.
Pharmacists Salary Distribution in Duluth, MN-WI
The career path for Pharmacists in Duluth, MN-WI offers significant earning potential that scales with experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior Pharmacists with extensive experience and specialized skills can expect compensation well above the average. The percentile gaps in salary clearly signify opportunities for career progression and increased earning power.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $99,020 | $47.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $101,295 | $48.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $139,290 | $67 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $168,825 | $81.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $168,600 | $81.1 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$135,060
Gross Pay
Real Wage (Purchasing Power)
$135,060
Adjusted for COL (100)
With an average annual salary of $135,060 and a Cost of Living Index of 100, Pharmacists in Duluth, MN-WI experience a salary that perfectly matches the national average cost of living. This means that the purchasing power of their income is directly comparable to that of their counterparts in other major metropolitan areas across the United States.
Job Market Context
290
Total Jobs
2.324
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Duluth, MN-WI has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
The Location Quotient of 1.09 for Pharmacists in Duluth, MN-WI indicates a slightly higher concentration of these professionals compared to the national average. This suggests a market where demand is present and perhaps even slightly outstrips the national average, offering good opportunities for qualified individuals, though competition may be marginally higher than in areas with a lower LQ.
Nearby Job Markets
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Frequently Asked Questions
How much does a Pharmacists make in Duluth, MN-WI?
The median annual salary for a Pharmacists in Duluth, MN-WI is $135,060. This typically ranges from $99,020 for entry-level positions to $168,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Duluth, MN-WI is 0.8% lower than the national median of $136,140.
Is Duluth, MN-WI a lucrative place for Pharmacists?
Yes, Duluth, MN-WI offers a lucrative environment for Pharmacists.The average salary of $135,060 is on par with the national average, and the cost of living is also at the national average, ensuring strong purchasing power. The slightly above-average location quotient also suggests healthy demand.
Is Duluth, MN-WI a good place to live for Pharmacists?
The Cost of Living Index in Duluth, MN-WI is 100. While higher than average, this often correlates with higher wages.
How does the Duluth Pharmacist salary compare to the national average?
The average annual salary for Pharmacists in Duluth, MN-WI is $135,060, which is very close to the national average of $136,140, indicating comparable earning potential.
What is the concentration of Pharmacists in Duluth, MN-WI?
Duluth, MN-WI has a Location Quotient of 1.09 for Pharmacists, meaning the concentration of these professionals is slightly higher than the national average.
Does the cost of living affect the value of a Pharmacist's salary in Duluth?
No, the cost of living in Duluth is at the national average (100), so the $135,060 salary holds its purchasing power directly in line with the national average.
How many Pharmacists are employed in Duluth, MN-WI?
There are approximately 290 Pharmacists employed in the Duluth, MN-WI area, forming a significant portion of the local healthcare workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Duluth, MN-WI area with a job density of 2.324 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Duluth, MN-WI